Information  X 
Enter a valid email address
  Print      Mail a friend       More announcements

Friday 12 October, 2018

HSBC ETFs PLC

Director Appointment

RNS Number : 9437D
HSBC ETFs PLC
12 October 2018
 

12 October 2018

 

HSBC ETFs plc (the "Company")

 

 

Director Appointments

 

The Board of Directors of the Company (the "Board") wish to announce that Vikramaaditya has been appointed to the Board, with immediate effect.

 

 

Vikramaaditya

 

Vikramaaditya is Chief Transformation & Administration Officer for HSBC's Global Asset Management business with responsibility for leading the global portfolio of business and regulatory change initiatives as well as strategic initiatives within Operations including global infrastructure change and optimisation of operating models.

 

Vikram has over two decades of experience in the financial services sector across diverse businesses and functions with about 20 years with the HSBC Group in UK and India. Prior to his current role, Vikram was responsible for global business strategy for HSBC's Global Asset Management business and was CEO for HSBC's Asset Management business in India. Vikram has also led HSBC's Securities Services business in India.

 

 

There is no information to be disclosed in relation to Vikramaaditya under UK Listing Rule 9.6.13 (2) - (6).

 

Vikramaaditya holds no ordinary shares in the capital of the Company.

 

 

 

 

Further information:

HSBC ETFs plc

25/28 North Wall Quay,

IFSC, Dublin 1

+353 1 635 6000*

 

J&E Davy (Sponsor)

 

 

Fergal Meegan / Brian Garrahy

                                                      

 +353 1 6796363

* Calls may be recorded

 

 

 

 

 

 

Notes to editors:

 

The value of investments and any income from them can go down as well as up and investors may not get back the amount originally invested. Where overseas investments are held the rate of currency exchange may also cause the value of such investments to fluctuate. Investments in emerging markets are by their nature higher risk and potentially more volatile than those inherent in established markets.

 

 

Exchange Traded Funds (ETFs) from HSBC Group

 

HSBC ETFs Plc is an investment company with variable capital incorporated in Ireland as a public limited company and is authorised by the Central Bank of Ireland as a UCITS pursuant to the UCITS Regulations. The Company is constituted as an umbrella fund, with segregated liability between sub-funds. Shares purchased on the secondary market cannot usually be sold directly back to the Company. Investors must buy and sell shares on the secondary market with the assistance of an intermediary (e.g. a stockbroker) and may incur fees for doing so. In addition, investors may pay more than the current Net Asset Value per share when buying shares and may receive less than the current Net Asset Value per Share when selling them.  UK based investors in the Company are advised that they may not be afforded some of the protections conveyed by the Financial Services and Markets Act (2000), (the "Ac""). The Company is recognised in the United Kingdom by the Financial Conduct Authority under section 264 of the Act. The shares in the Company have not been and will not be offered for sale or sold in the United States of America, its territories or possessions and all areas subject to its jurisdiction, or to United States Persons. Affiliated companies of HSBC Global Asset Management (UK) Limited may make markets in the Company. All applications are made on the basis of the current Prospectus of the Company, relevant Key Investor Information Document ("KIID"), Supplementary Information Document (SID) and the relevant Fund supplement, and most recent annual and semi-annual reports, which can be obtained upon request free of charge from HSBC Global Asset Management (UK) Limited, 8 Canada Square, Canary Wharf, London, E14 5HQ. UK, or from a stockbroker or financial adviser. Investors and potential investors should read and note the risk warnings in the Prospectus, relevant KIID and Fund supplement (where available) and additionally, in the case of retail clients, the information contained in the supporting SID.

 

 

HSBC Global Asset Management

HSBC Global Asset Management should be referred to in full at all times to avoid confusion with any other financial services firms.

HSBC Global Asset Management, the investment management business of the HSBC Group, invests on behalf of HSBC's worldwide customer base of retail and private clients, intermediaries, corporates and institutions through both segregated accounts and pooled funds. HSBC Global Asset Management connects HSBC's clients with investment opportunities around the world through an international network of offices in around 26 countries, delivering global capabilities with local market insight. As at 30 June 2018, HSBC Global Asset Management managed assets totalling US$463bn on behalf of its clients. For more information see www.global.assetmanagement.hsbc.com

HSBC Global Asset Management is the marketing name for the asset management businesses of HSBC Holdings plc.

The HSBC Group

 

HSBC Holdings plc

 

HSBC Holdings plc, the parent company of the HSBC Group, is headquartered in London. The Group serves customers worldwide from around 3,800 offices in 66 countries and territories in Europe, Asia, North and Latin America, and the Middle East and North Africa. With assets of US$2,607bn at 30 June 2018, HSBC is one of the world's largest banking and financial services organisations.

 

The information contained in this press release does not constitute an offer or solicitation for, or advice that you should enter into, the purchase or sale of any security or fund. Any views expressed are subject to change at any time.

 


This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact [email protected] or visit www.rns.com.
 
END
 
 
BOALLFISIDLFLIT

a d v e r t i s e m e n t